Under instructions from Jacobs Range Pty Ltd to offer the property Rothebrook -being Section 3 Hundred of Palkagee on Certificate of Title Volume 5967 Folio 863.
Offered for Sale by Expression of Interest closing Wednesday 27th November 2024 by 12pm at the Agent's office 52-56 Railway Terrace Cummins.
Undulating reliable cropping land with 357mm rainfall with the land being developed for efficient broad acre farming.
The size of Lock is approximately 637 square kilometres. It has 4 parks covering nearly 1% of total area. The population of Lock in 2011 was 435 people. By 2016 the population was 266 showing a population decline of 38.9% in the area during that time. The predominant age group in Lock is 50-59 years. Households in Lock are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lock work in a managers occupation. In 2011, 69.3% of the homes in Lock were owner-occupied compared with 83.2% in 2016.
Lock has 260 properties. Over the last 5 years, Houses in Lock have seen a 133.72% increase in median value. As at 30 November 2024:
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